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Sarrià-Sant Gervasi, Barcelona 08017 6 Unit Apartment Building $4,983,872 ($830,645/Unit)
Some information has been automatically translated.
INVESTMENT HIGHLIGHTS
- Located on a corner, which exposes the property to high foot traffic, providing visibility for the business.
- Proximity to the C-16 highway and good access to public transportation.
EXECUTIVE SUMMARY
Great opportunity to acquire a residential building located in the heart of the Sarrià neighborhood in Barcelona. With a total built area of 662 m², the property consists of six apartments and six storage units. The building was completely renovated in 2006 and is in excellent condition, featuring high-quality finishes.
Currently, all the apartments and storage units are rented. The main apartment has a surface area of 125 m² and includes a private terrace of the same size. The remaining five apartments have areas of 36, 53, 42, 49, and 48 m², respectively. Two of the rental contracts are short-term (11 months), while the other four expire in 2025, 2027, and 2030. The storage units, each 10 m², are also rented.
The building is equipped with an elevator and generates a monthly rental income of €10,550.
Ref: BCN-INV-013306
Currently, all the apartments and storage units are rented. The main apartment has a surface area of 125 m² and includes a private terrace of the same size. The remaining five apartments have areas of 36, 53, 42, 49, and 48 m², respectively. Two of the rental contracts are short-term (11 months), while the other four expire in 2025, 2027, and 2030. The storage units, each 10 m², are also rented.
The building is equipped with an elevator and generates a monthly rental income of €10,550.
Ref: BCN-INV-013306
PROPERTY FACTS
| Price | $4,983,872 | Property Subtype | Apartment |
| Price Per Unit | $830,645 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Gross Rent Multiplier | 33.81 | Building Size | < 15,000 SF |
| No. Units | 6 | Year Built | 2000 - 2009 |
| Property Type | Multifamily |
| Price | $4,983,872 |
| Price Per Unit | $830,645 |
| Sale Type | Investment |
| Gross Rent Multiplier | 33.81 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | < 15,000 SF |
| Year Built | 2000 - 2009 |
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